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More news but not the latest --
Kenadyr Advances Secured Loans pursuant to Option Agreements
8:30 am ET January 26, 2018 (Globe Newswire) Print
Kenadyr Mining (Holdings) Corp. (TSX-V:KEN) (the "Corporation" or "Kenadyr") is pleased, further to its news release of November 27, 2017, to provide the following update on its option agreements (the "Option Agreements") with Realgold Resources Corp. (the "Optionor") for the acquisition of 9 mineral exploration licenses (the "Licenses") covering approximately 1,200 square kilometers of the most prospective gold ground within the Middle Tien Shan carbonaceous shale belt of the Kyrgyz Republic. Pursuant to the Option Agreements, Kenadyr's subsidiaries have advanced secured loans in the aggregate amount of US$552,669.75 to subsidiaries of the Optionor.
Subject to compliance with all applicable laws of the Kyrgyz Republic, Kenadyr is now eligible to exercise its option to acquire the Licenses. During the period of the options, the Optionor's subsidiaries will use the funds advanced under the Option Agreements to conduct exploration activities on the Licenses and to maintain the Licenses in good standing under Kenadyr's oversight.
Change in Auditor
Kenadyr would also like to announce the appointment of Dale Matheson Carr-Hilton LaBonte LLP Chartered Professional Accountants as the Corporation's auditors in the place of Deloitte LLP Chartered Accountants until the next annual general meeting.
Kenadyr Summary and Strategy Statement
Kenadyr Mining is focused on creating shareholder value, both through project acquisition and exploration towards resource definition, within the Kyrgyz Republic. Kenadyr achieves a balance of risk with a blended portfolio.
On behalf of the Kenadyr Mining (Holdings) Corp.
"Alexander Becker"
Dr. Alexander Becker
Chief Executive Officer and Director
For more information, visit www.kenadyr.com or contact Kevin Ma, CFO at info@kenadyr.com or (604) 687-7130.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the success for failure of the Company's proposed exploration activities on the Bourabi Project or its resource potential relative to the TBL Mine and other risks detailed from time to time in the filings made by the Company with securities regulations.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
https://resource.globenewswire.com/Resource/Download/9d4395b0-059a-4b7f-9ef1-80d0cb3c23ed?size=1
Will USMJ PPS finally move up when Cannada hops on
the MJ train in June?
Or is this company an also ran?
Holding long until mid year for maybe an outside shot
it will happen.
Does this lower the price for any possible buyout,take over
or partnership?
This is unbelievable.
A company sitting on huge mineral resources gets hammered
by fake news by the left wing propaganda machine.
So sad that they will probably get away with it.
Has anyone seen a positive report from the main
stream media about this project.
I will answer that, NO.
Where do you come up with your analysis?
I pray that you are right.
Long and strong ---NAK
It is over folks.
This is the deep state in a full blown war.
Believe it.
Trump and Pruitt got hoodwinked.
It is nice to hear from like minded people
like yourself on what is going on with the progressives.
It is a shame they possibly could shut this project
down by shorting this stock to its death.
Like the activist hedge fund guy tried to do but failed.
Holding long and strong and locking up my shares as
always.
Hopefully another surprize is coming but this time in our favor.
Thanks for your post.
"It's not about global warming but more about redistribution
of wealth."
A statement made by a participant @ the Paris climate accord.
Their true colors exposed.
We are getting wacked this Am
An excellent piece but already known by me and many
on this board.
Thanks for posting it.
It adds to what we already know.
Why don't they go and invest in some
sanctuary city bonds.
I am sure they have the highest ratings.
Ok folks I predicted the start of the gold manipulation
downward by last Friday or early this week.
Wahla, it is starting to happening today. So predictable.
I have to learn how to short gold etfs.
What a joke just to prop up the dollar.
This is not good for mining stocks like NAK.
Did anybody ask him why California is a
financial disaster waiting to happen with
their liberal policies.
And he as state treasurer should know first hand.
Liberal policies of enforcing very strict environmental
overreach is commonplace in these liberal states.
The only thing to save CA. is to tax the ##it out
of MJ with there new laws of legalising it.
Then the cartels can move in and sell it cheaper like
in Colorado.
Yea, MJ is another political football like NAK.
I am invested also in mj.
Hope I picked the right sub-pennies then this
will be a drop in the bucket of wins.
Still optimistic about this stock in the long term.
I am glad to hear some of you made money
but not so much here.
Two times bought in @ 3.00 sold for a loss then
bought in @ 1.54 and should have sold when it reached
2.30 but didn't.
Down about 7 grand now.
Stuck with it long term now.
I am not going to give it away but hold long term.
Here we go down --
Volume(Light)
110,428
Premarket
Last Trade
$1.15
Change Since Close
-0.38 (-24.84%)
Bid
1.12
Ask
1.15
B/A Size
11300x100
January 29, 2018 7:05am ET
Shorty is now kicking in --
Bid
1.22
Ask
1.24
B/A Size
6000x2000
January 29, 2018 6:53am ET
Well now some buys are happening ---
1.21
Ask
1.23
B/A Size
2000x9000
January 29, 2018 6:44am ET
Could this be a stock manipulation from the top?
Bring the stock down and buy real low.
Something real devious is going on.
I warned everyone last night when I saw that
1.42 bid and 1.44 ask and then at 6:30 AM
it has plunged down too 1.11 bid and 1.38 ask
Oh boy here we go.
TdAmeritrade has the bid and ask listed as---
bid 1.42 ask 1.44
I guess they did not like are back and forth banter.
Strong and long mmex
NAK
Closing Price
$1.53
Day's Change
0.02 (1.32%)
Bid
1.42
Ask
1.44
Wow, is this anticipating a great drop or what
with the low bid and ask premarket?
You have to admit this surprised everyone even SA.
I believe First Quantum will bail.
They would be chasing after bad money.
Before us longs had a fighting chance but now
I will admit the prospects are bleak.
Like you knew this was going to happen.
It is a complete surprise to all of us.
No one even mentioned an EPA reversal that I can recall.
Good luck all long's at least we tried.
No chance of a buyout now and what happens to First Quantum's
option deal?
Wasn't the EPA ruling different under Obama where
no permitting or going forward with anything was
the norm that is why the lawsuit by NAK?
It was a blatant overreach by the EPA.
I believe this is different.
Correct me if I am wrong.
Maybe on not so good news the pps will rise.
That is how crazy it has been, so nothing will surprise me.
Yea, let's stop producing our mineral wealth so
we become dependant on other nations.
What a joke.
These people (EPA) will not settle for any compromise.
Will the Dolan and the the opening of the Alaskan wilderness
be next on the chopping block?
Strange that First quantum minerals has no
institutional holders and is a $15. stock.
They must see more growth potential with NAK
having 16% institutional holders.
Just saying.
Gold is going up too the point of manipulation.
Just watch, by the weekend close or early next week
it will be tanking.
They gotta protect the dollar.
So sad.
I am sitting on this baby for the long haul no matter
what the noise is about on this board.
This company is positioning itself into a buyout by one
or more of the major's.
How soon is the question, but probably after the EIS is
finalized which could come sooner then we all think.
Just my opinion.
Good luck.
And why are some on this board putting down the
leadership of NAK when the insiders are so heavily
invested.
They automatically have are best interest.
I don't get it.
On good news yesterday the stock drops and with no
news before that it was flatlined.
Hey, you have to have a little levity here with all
the wild claims about what is going to happen.
Funny part is, know one really knows.
I am in it for the long term no matter
what in the short term.
You can call me a pumper but not a dumper.
Unlike the cheerleaders of the naked shorts
on this board.
Especially NAK stock is way undervalued right now
and then you hear these ridiculous statements about
it going down too $1. or less.
The company is sitting on probably the largest untapped mineral
wealth property in the world today.
If not the largest it is at least the second largest.
Oh, so you are still sticking with your $1. pps claim?
Then you will never be invested in NAK.
It will never go back to a dollar.
If I had more cash to buy in I would at these prices.
Sure it is a long term hold but if you want to get rich
overnite NAK is not for you.
Good luck.